Urgently unify E5 gasoline price mechanism
The Government Office has just issued a document announcing Deputy Prime Minister Hoang Trung Hai's direction on the E5 gasoline price mechanism.
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Recently, Deputy Prime Minister Hoang Trung HairequestThe Ministry of Industry and Trade shall preside over and coordinate with relevant ministries and agencies to urgently organize a working group to inspect the implementation of regulations on production, blending and trading of E5 gasoline from December 1, 2014 in provinces and cities according to the provisions of Decision No. 53/2012/QD-TTg of the Prime Minister.
The Deputy Prime Minister also requested the Ministry of Industry and Trade to preside over and coordinate with relevant ministries and agencies to promptly urge, rectify and handle difficulties and problems in the implementation process; report to the Prime Minister for consideration and handling of issues beyond its authority.
According to Decision No.53/2012/QD-TTgissued the Roadmap for applying the blending ratio of biofuels with traditional fuels, from December 1, 2014, E5 biofuel will be produced for use in road motor vehicles in 7 localities: Hanoi, Ho Chi Minh City, Hai Phong, Da Nang, Can Tho, Quang Ngai, Ba Ria-Vung Tau and will be officially used nationwide from December 1, 2015.
According to the summary report, up to this point, localities and assigned enterprises have been actively and proactively putting E5 RON 92 gasoline into widespread circulation on the market.
According to chinhphu.vn